EUR/JPY

EUR/JPY is currently moving inside a triangle consolidation pattern, reflecting a period of market indecision. The pair is compressing between the rising trend line support and descending resistance. This structure suggests the market is preparing for a breakout move. For now, traders will wait for a clear breakout from the triangle before committing to directional positions.

Today’s critical levels to watch:

Support: 183.40, 182.583, 182.00, 180.54, 180.00

Resistance: 185.84

EUR/GBP

EUR/GBP closed below the 0.8700 level previously, but price has since moved back above the level during the current session. The recovery suggests the pair may enter a consolidation phase around the 0.8700 area as both buyers and sellers attempt to establish control. If the pair manages to maintain the recovery, further upside correction could develop. However, failure to hold above 0.8700 would restore bearish pressure and reopen the downside path.

Today’s critical levels to watch:

Support: 0.8700, 0.8600

Resistance: 0.8750, 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY is also trading inside a triangle consolidation pattern, similar to EUR/JPY. Price is currently compressing between the descending resistance and rising support trend lines. This structure signals indecision and increasing pressure for a breakout move. Traders better wait for breakout and new higher swing high or lower swing low to confirm the next direction.

Until the breakout occurs, traders will likely remain cautious.

Today’s Critical level to watch:

Support: 210.00, 208.00, 207.00

Resistance: 211.50, 214.965

GBP/CHF

GBP/CHF stalled after the previous rebound and is currently under renewed bearish pressure. The pair is struggling to extend the recovery, reflecting continued uncertainty in the short-term structure. If the pair manages to continue the recovery, the 1.0600 level will become a vital resistance area to watch. Despite the recent rebound attempts, the broader direction still leans bearish. However, the market currently lacks strong pressure from either side, suggesting a temporary pause.

Today’s critical levels to watch:

Support: 1.03599

Resistance: 1.0500, 1.0600, 1.0660, 1.0800